BALY vs. PLNT

Last updated Apr 1, 2026

Compare and contrast key facts about Bally's Corporation (BALY) and Planet Fitness, Inc. (PLNT).

Performance

BALY vs. PLNT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bally's Corporation (BALY) and Planet Fitness, Inc. (PLNT). The values are adjusted to include any dividend payments, if applicable.

BALY vs. PLNT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BALY Bally's Corporation	-41.65%	-7.66%	28.34%	-28.07%	-49.08%	-24.23%	96.61%	-13.68%
PLNT Planet Fitness, Inc.	-31.43%	9.71%	35.44%	-7.36%	-13.01%	16.68%	3.95%	8.67%

Fundamentals

EPS BALY : $14.24 PLNT : $2.61
PE Ratio BALY : 0.68 PLNT : 28.48
PEG Ratio BALY : 0.00 PLNT : 0.51
Total Revenue (TTM) BALY : -$1.89B PLNT : $1.32B
Gross Profit (TTM) BALY : -$1.04B PLNT : $608.64M
EBITDA (TTM) BALY : -$322.29M PLNT : $550.08M

Returns By Period

In the year-to-date period, BALY achieves a -41.65% return, which is significantly lower than PLNT's -31.43% return.

BALY

• 1D: -1.03%
• 1M: -32.21%
• YTD: -41.65%
• 6M: -13.15%
• 1Y: -21.63%
• 3Y*: -20.96%
• 5Y*: -31.79%
• 10Y*: —

PLNT

• 1D: 0.88%
• 1M: -9.46%
• YTD: -31.43%
• 6M: -28.34%
• 1Y: -23.01%
• 3Y*: -1.43%
• 5Y*: -1.08%
• 10Y*: 18.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BALY vs. PLNT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BALY

BALY Risk / Return Rank: 31
BALY Sharpe Ratio Rank: 28
BALY Sortino Ratio Rank: 32
BALY Omega Ratio Rank: 32
BALY Calmar Ratio Rank: 30
BALY Martin Ratio Rank: 32

PLNT

PLNT Risk / Return Rank: 13
PLNT Sharpe Ratio Rank: 12
PLNT Sortino Ratio Rank: 12
PLNT Omega Ratio Rank: 14
PLNT Calmar Ratio Rank: 19
PLNT Martin Ratio Rank: 6

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BALY vs. PLNT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bally's Corporation (BALY) and Planet Fitness, Inc. (PLNT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BALY	PLNT	Difference
Sharpe ratio Return per unit of total volatility	-0.28	-0.72	+0.44
Sortino ratio Return per unit of downside risk	0.09	-0.94	+1.03
Omega ratio Gain probability vs. loss probability	1.01	0.89	+0.12
Calmar ratio Return relative to maximum drawdown	-0.37	-0.65	+0.27
Martin ratio Return relative to average drawdown	-0.58	-1.65	+1.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BALY vs. PLNT - Sharpe Ratio Comparison

The current BALY Sharpe Ratio is -0.28, which is higher than the PLNT Sharpe Ratio of -0.72. The chart below compares the historical Sharpe Ratios of BALY and PLNT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BALY	PLNT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.28	-0.72	+0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.49	-0.03	-0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.44	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.22	0.40	-0.62

Correlation

The correlation between BALY and PLNT is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

BALY vs. PLNT - Dividend Comparison

Neither BALY nor PLNT has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BALY Bally's Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.20%	0.78%	0.00%	0.00%	0.00%
PLNT Planet Fitness, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	13.83%

Drawdowns

BALY vs. PLNT - Drawdown Comparison

The maximum BALY drawdown since its inception was -89.45%, which is greater than PLNT's maximum drawdown of -68.72%. Use the drawdown chart below to compare losses from any high point for BALY and PLNT.

Drawdown Indicators

	BALY	PLNT	Difference
Max Drawdown Largest peak-to-trough decline	-89.45%	-68.72%	-20.73%
Max Drawdown (1Y) Largest decline over 1 year	-51.22%	-35.17%	-16.05%
Max Drawdown (5Y) Largest decline over 5 years	-88.39%	-53.70%	-34.69%
Max Drawdown (10Y) Largest decline over 10 years	—	-68.72%	—
Current Drawdown Current decline from peak	-86.91%	-34.50%	-52.41%
Average Drawdown Average peak-to-trough decline	-56.39%	-14.60%	-41.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.91%	13.78%	+19.13%

Volatility

BALY vs. PLNT - Volatility Comparison

Bally's Corporation (BALY) has a higher volatility of 16.97% compared to Planet Fitness, Inc. (PLNT) at 7.84%. This indicates that BALY's price experiences larger fluctuations and is considered to be riskier than PLNT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BALY	PLNT	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.97%	7.84%	+9.13%
Volatility (6M) Calculated over the trailing 6-month period	49.18%	24.61%	+24.57%
Volatility (1Y) Calculated over the trailing 1-year period	77.44%	32.27%	+45.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.13%	35.84%	+29.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.70%	42.51%	+26.19%

Financials

BALY vs. PLNT - Profitability Comparison

The chart below illustrates the profitability comparison between Bally's Corporation and Planet Fitness, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BALY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Bally's Corporation reported a gross profit of -2.03B and revenue of -3.83B. Therefore, the gross margin over that period was 53.0%.

PLNT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Planet Fitness, Inc. reported a gross profit of 144.98M and revenue of 376.26M. Therefore, the gross margin over that period was 38.5%.

BALY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Bally's Corporation reported an operating income of 195.90M and revenue of -3.83B, resulting in an operating margin of -5.1%.

PLNT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Planet Fitness, Inc. reported an operating income of 107.69M and revenue of 376.26M, resulting in an operating margin of 28.6%.

BALY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Bally's Corporation reported a net income of 1.08B and revenue of -3.83B, resulting in a net margin of -28.2%.

PLNT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Planet Fitness, Inc. reported a net income of 60.39M and revenue of 376.26M, resulting in a net margin of 16.1%.